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Search date: 24-02-2019 Return to current date: Click here

DSE net profit declines in last five fiscal years

The net profit of the Dhaka Stock Exchange (DSE) gradually declined in last five fiscal years (FYs) as the 'trade volume' plummeted during the period.The net profit of the prime bourse declined despite the revenue gradually rose in last five FYs.The officials of the premier bourse said the increased cost...

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New MD of Mercantile Bank

Mercantile Bank Limited has appointed Md. Quamrul Islam Chowdhury as the new Managing Director & Chief Executive Officer of the bank. Earlier he was the Additional Managing Director & Chief Business Officer of the Bank.Mr Chowdhury, a career banker has vast experience in three leading commercial banks in Bangladesh. After...

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Sebi bars commodity trading by Motilal Oswal, India Infoline

Securities and Exchange Board of India (SEBI) has declared the commodity broking arms of Motilal Oswal and India Infoline (IIFL) as not "fit and proper", as part of the action taken in the NSEL case, according to NDTV Online.SEBI is probing as many as 300 brokers for violation of rules...

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News Briefs--(24-2-2019)

Board meetingsSinger Bangladesh Limited: A board meeting of the company will be held on February 28, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2018.Vanguard AML Rupali Bank Balanced Fund: A meeting of the trustee committee will...

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Nagad's stride in digital financial sector

FE DeskNagad on Saturday introduced its Digital KYC Registration process for the people of Bangladesh. The service, first of its kind in Bangladesh was launched on the day at an event in the city.The event was attended by Mustafa Jabbar, Posts, Telecommunications and ICT Minister; Ashoke Kumar Biswas, Acting Secretary,...

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Givaudan products to be available in Bangladesh

The products of Givaudan, the world's leading flavour and fragrance company, will be available in Bangladesh as it officially inaugurated a new flavours manufacturing facility in Pune, India. The CHF 60 million investment in the state-of-the-art plant is the company's largest investment in India since 1998, said a statement.Designed to...

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ICSB observes Ekushey

The Institute of Chartered Secretaries of Bangladesh (ICSB) observed International Mother Language Day with due solemnity at the ICSB campus on Thursday.On this occasion, Dhaka Regional Chapter Sub Committee of ICSB organised a programme on behalf of the Institute which includes hand writing competition for children, speech on "Use and...

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Top 10 leaders snare 31.39pc of total turnover

FE ReportTop 10 companies grabbed 31.39 per cent of total market turnover featured by Dhaka Stock Exchange (DSE) in last week.During the week, the premier bourse posted a turnover of above Tk 29.13 billion, whereas top 10 companies featured an aggregate amount of turnover worth above Tk 9.14 billion.The DSE...

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